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to reach USD 1.1 billion by 2025 and registering a CAGR of 14.6% during the forecast period from 2019 to 2025, according to a new report by Million Insights. Increasing need for unified risk management and corporate asset security in large enterprises as well as SMEs is a major factor driving the market growth. Growing urbanization coupled with increasing complexity in operations, several organizations are facing challenges to manage and access companies assets, which are present across numerous geographies. Additionally, the security and Information Technology (IT) departments among several companies are demanding on holistic management solution, which is projected to drive the demand for physical identity & access management software.
The return to the workplace is a focal point for many in the built environment but one of the most important elements is easy to overlook. Guest services will be vital in the return to the workplace. Front-of-house teams will be responsible for welcoming building users back and reassuring them as they negotiate shared spaces in the post-Covid era.
The workplace will inevitably look different after Covid. We have become more aware of our spaces, how clean they are, and what spaces building users share. Employees have also become more conscious of the pros and cons of the workplace. For some, a year of working from home has been a welcome break from the stress and time taken by a commute.